GENERAL REQUIREMENTS AND RESTRICTIONS Sample Clauses

GENERAL REQUIREMENTS AND RESTRICTIONS. Print quality shall only be evaluated on machines operating within specification limits and maintained according to replacement and service intervals.
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GENERAL REQUIREMENTS AND RESTRICTIONS. Applicants may be requested to meet with the Board’s representative at the school before the event. The permit holder agrees not to carry on any activities while on Board property that would be in contravention of bylaws, fire safety regulations or otherwise be of an unlawful nature or which may be deemed to be a nuisance or offensive.
GENERAL REQUIREMENTS AND RESTRICTIONS. The Lessee has committed to contribute $X,XXX,XXX into a Fisheries Compensatory Mitigation Fund (hereinafter, the “Fund”) as part of its high bid (hereinafter, the “Contribution”). The Lessee must meet this commitment in accordance with its Conceptual Strategy submitted pursuant to the BFF. The Fund must compensate commercial fishers and for-hire recreational fishers for gear loss or damage, as well as income loss claims incurred as a result of any stage of offshore wind project development (i.e., the preconstruction, construction, operations, and decommissioning) resulting from this lease. Loss claims may also result from impacts from the development of easements associated with this lease and/or the conduct of surveys on this lease before the establishment of the Fund. Funds determined to be excess of those needed to compensate for gear loss or damage and income loss as a result of lease development, based on an actuarial accounting, maybe used to: • Support regional fisheries compensatory mitigation efforts for other Atlantic OCS offshore wind projects; • Offset the cost of gear and navigational aid upgrades and other transitions for operating within a wind farm; or • Promote participation of fishers and fishing communities in the offshore wind project development process or other programs that better enable fishing and offshore wind industries to coexist. The Lessee is encouraged to coordinate with other lessees to establish or contribute to a regional fund mitigating fisheries impacts from Atlantic offshore wind leases. The terms and conditions of this bidding credit must be adhered to by the regional fund in order to ensure that fund disbursements are allocated in accordance with this lease. The Contribution may be used for Fund startup costs, but the Fund should minimize costs by leveraging existing processes, procedures and information, including BOEM’s Draft Guidelines for Mitigating Impacts to Commercial and Recreational Fisheries on the Outer Continental Shelf, the Eleven Atlantic States’ Fisheries Mitigation Project, or other sources. In addition, • The Fund must be independently managed by a third party and must include trustees or board members from fishing stakeholder groups. • The Fund must include fiduciary governance and strong internal controls and must minimize administrative expenses. • The Fund governance must include a process for evaluating the actuarial status of funds every five years, and for publicly reporting information on F...

Related to GENERAL REQUIREMENTS AND RESTRICTIONS

  • Covenants and Restrictions on Conduct of Business (a) The Trust agrees to abide by the following restrictions:

  • General Restrictions The registered Holder of this Purchase Warrant agrees by his, her or its acceptance hereof, that such Holder will not: (a) sell, transfer, assign, pledge or hypothecate this Purchase Warrant for a period of one hundred eighty (180) days following the Effective Date to anyone other than: (i) Aegis Capital Corp. (“Aegis”) or an underwriter or a selected dealer participating in the Offering, or (ii) a bona fide officer or partner of Aegis or of any such underwriter or selected dealer, in each case in accordance with FINRA Conduct Rule 5110(g)(1), or (b) cause this Purchase Warrant or the securities issuable hereunder to be the subject of any hedging, short sale, derivative, put or call transaction that would result in the effective economic disposition of this Purchase Warrant or the securities hereunder, except as provided for in FINRA Rule 5110(g)(2). On and after 180 days after the Effective Date, transfers to others may be made subject to compliance with or exemptions from applicable securities laws. In order to make any permitted assignment, the Holder must deliver to the Company the assignment form attached hereto duly executed and completed, together with the Purchase Warrant and payment of all transfer taxes, if any, payable in connection therewith. The Company shall within five (5) Business Days transfer this Purchase Warrant on the books of the Company and shall execute and deliver a new Purchase Warrant or Purchase Warrants of like tenor to the appropriate assignee(s) expressly evidencing the right to purchase the aggregate number of Shares purchasable hereunder or such portion of such number as shall be contemplated by any such assignment.

  • General Requirements The Contractor hereby agrees:

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